Optical Cable Corp. (OCC) Reports Q1 Loss of $0.28

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Optical Cable Corporation Reports First Quarter 2016 Financial Results

March 14, 2016 8:00 AM EDT

ROANOKE, Va., March 14, 2016 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®" or the "Company") today announced financial results for its first quarter ended January 31, 2016.

First Quarter 2016 Financial Results

Consolidated net sales for the first quarter of fiscal year 2016 were $14.0 million, compared to net sales of $17.4 million for the first quarter of fiscal year 2015. The Company experienced a decrease in net sales in both its enterprise and specialty markets in the first quarter of fiscal year 2016, compared to the same period last year.

Net... More